Supportive Housing Fund

Santa Clara County voters passed Measure A – a 2016 affordable housing bond – with the ambitious goal to create 4,800 homes over 10 years. To reach this objective, developers need low cost loans to start up projects, so the County and Housing Trust teamed up create a unique solution.

How It Helps

The Supportive Housing Fund is a partnership between Housing Trust and the County of Santa Clara. The intent of this revolving loan fund is to reduce homelessness by creating permanent housing with supportive services for extremely low-income individuals and families as well as those with special needs. These loans – which catalyze the implementation of Measure A – can finance acquisition, predevelopment or construction of permanent supportive housing.

718

Homes

Supportive Housing Fund has started up or preserved

57%

Measure A Funded projects

Housing Trust has funded over half the projects approved for Measure A funding